SYDNEY Australia’s opposition Labor Party’s launched a “Waste-pedia” booklet and Waste Watch website on Thursday, accusing the coalition government of over-lavish spending – including $400,000 on “koala and other marsupial-related events”. “This government is ... More »
SHANGHAI Financial leaders of the world’s 20 biggest economies agreed to inform each other in advance about policy decisions that could lead to devaluations of their currencies, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Saturday. ... More »
SHANGHAI Investors hoping for a grand plan from the world’s top financial officials to stabilize shaky markets are set for disappointment, insiders say, when finance ministers and central bankers gather this week in Shanghai to discuss the troubled global econ... More »
SYDNEY Australian tax authorities on Thursday took the unprecedented step of publishing the records of hundreds of companies, including Google Inc (GOOGL.O) and Apple Inc APPL.O, which show they paid little or no tax on their in-country earnings. Of more than ... More »
KUALA LUMPUR From Turkey to the Philippines to Malaysia, it’s been an overseas trip for U.S. President Barack Obama that often veered off-script. By now, Obama was supposed to have showcased the long-promised benefits of his strategic shift toward Asia as he n... More »
PARIS/BRUSSELS French warplanes pounded Islamic State positions in Syria on Sunday as police in Europe widened their investigations into coordinated attacks in Paris that killed more than 130 people. Islamic State has claimed responsibility for Friday’s suicid... More »
BELEK, Turkey U.S. President Barack Obama vowed on Sunday to step up efforts to eliminate Islamic State and prevent more attacks like those in Paris, while urging Russia’s Vladimir Putin to focus on combating the jihadist group in Syria. A White House official... More »
PARIS French police raided homes of suspected Islamist militants across the country overnight in the aftermath of the Paris shootings, French Prime Minister Manuel Valls said on Monday as he warned of potential further attacks. Valls said that since this summe... More »
BELEK, Turkey Prime Minister David Cameron said on Monday he wanted Britain to carry out air strikes against Islamic State militants (ISIL) in Syria but still needed to convince more lawmakers to back such action. “I have always said I think that it is sensibl... More »
U.S. Treasury Secretary Jack Lew has urged Japan to offer fiscal support to its economy to ensure it returns to growth driven by domestic demand. Lew made the remark in a bilateral meeting with Japanese Finance Minister Taro Aso on the sidelines of a Group of ... More »
BEIJING China’s President Xi Jinping said the country is able to maintain a medium to high economic growth rate and expects China’s economy to grow at around 7 pct this year. Xi’s remarks at the G20 Summit in Turkey on Sunday were published on the foreign mini... More »
LONDONGlobal regulators set out their “final tools” on Monday for ending the phenomenon of “too big to fail” banks, seeking to draw a line under a period of intensive rule making after a financial crisis that tarnished the sector and weighed heavily on taxpaye... More »
LIMA, Peru A senior International Monetary Fund official has urged Japan to go ahead with a sales tax hike scheduled for April 2017 to maintain its long-term fiscal credibility. Mitsuhiro Furusawa, the IMF’s deputy managing director, warned on Sunday that flex... More »
LONDON The world’s nine biggest insurance companies will have to hold more capital under new rules just finalised by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis. Regulators decided to look at the multi-trillion dollar in... More »
SHANGHAI China’s policymakers and regulators tried to soothe the country’s jittery markets on Monday, promising deeper financial market reforms and stressing the economy was showing signs of stabilizing, as stocks resumed trading after a four-day long weekend.... More »
